Català
Español
English
The event was chaired by José Carlos Pardo, President of Mupiti, who was accompanied by José Antonio Galdón, Dean of COGITIM and President of COGITI, José Luis Ginés Porcar, Acting Secretary of MUPITI, Francisco Javier Sanz Fernández, General Manager of MUPITI and Anton Escarré Paris, dean of CETIT.
After the General Assembly was convened, the President of Mupiti took the floor to thank Antoni Escarré, Dean of Engineers Tarragona, and Josep Maria Pámies, Vice Dean of Engineers Tarragona and Delegate of Mupiti in Tarragona, for his good deeds to the organization of the Assembly and his hospitality.
Josep Maria Pámies, vice-dean of Tarragona Engineers and Mupiti delegate in Tarragona
He then continued with the analysis of the management carried out in the 2021 financial year, the progress of the 2022 financial year and the plan for the distribution of the results for the 2016-2020 financial years, in which he emphasized that the entity's solvency continues exceeding the maximum requirement level or SCR.
He pointed out that, in a very difficult year, due to soaring inflation and a scenario characterized by low interest rates, once again the target in premiums has been exceeded by 12.90% over the total budget. He highlighted the excellent management of investments, the return on whose portfolio in 2021 was 0.80%, which means a return of 0.74% for the mutualist. If we add to this the result for the year, which is expected to be assigned to the mutuals as the largest share in profits, the expected final return will be around 0.89%.
The general manager, Fco. Javier Sanz, effectively reported on the success of the investment decisions taken by the Board in 2021, made an analysis of the current situation of the financial markets and mentioned the fundamental investment principles of the entity, as well as the different investment possibilities for 2022.
The Assembly was closed by José Antonio Galdón, President of COGITI, highlighting the key role in society of Industrial Technical Engineers, whose ability to provide solutions to problems and transfer certainty to society in essence.
